CarMax announces the opening of its new store in Fremont, CA

Company announces $15,000 in contributions to two local organizations

RICHMOND, Virginia, 2016-Dec-01 — /EPR Retail News/ — CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, celebrated the grand opening of its new store in Fremont, located at 44100 Christy Street. The Fremont store will have the capacity to stock approximately 300 used vehicles of nearly every make and model, and has brought more than 100 new jobs to the area.

The Fremont store is one of two stores to open in the Bay Area today, a store in Santa Rosa is also opened. The first CarMax in the Bay Area opened in Pleasanton in May. These stores have brought more than 200 jobs to the region this year, and positions are still being filled. Those interested in a career at CarMax should visit jobs.carmax.com for more information.

In celebration of the Fremont store opening, CarMax donated $5,000 to Abode Services. Fremont CarMax associates recently volunteered with Abode Services and selected them to receive the grant to help support their mission to provide permanent housing and supportive services programs for local adults and children who are homeless.

The CarMax Foundation is also providing a $10,000 grant to the YMCA of the East Bay. Funding from the grant will help support the YMCA’s commitment to strengthening communities through youth development, healthy living and social responsibility. Support for the YMCA also came at the recommendation of the Fremont associates.

“CarMax associates love to volunteer and build strong relationships with community partners where they live and work,” said Christina Kahn, location general manager of the Fremont CarMax. “With the opening of our second and third locations in the Bay Area, we look forward to providing more customers with the easy, no-haggle experience they’ve come to expect from CarMax.”

CarMax was founded more than 20 years ago to fundamentally change the way car buying is done. CarMax customers can shop for nearly every make and model at our stores or online at carmax.com, with prices clearly listed for each of our nearly 50,000 vehicles nationwide. In addition, we stand behind our vehicles with a 5-Day Money-Back Guarantee and a 30-Day Limited Warranty (60-Day in CT, MN & RI, 90-Day in MA, NY and NJ). The CarMax Foundation has granted more than $30 million on behalf of associates across the country since 2003.

About CarMax
CarMax is the nation’s largest retailer of used cars and operates more than 160 stores in 39 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For more than 20 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles. CarMax makes selling your car easy too, by offering no-obligation appraisals good for seven days. At CarMax, we’ll buy your car even if you don’t buy ours®. CarMax has more than 22,000 associates nationwide and for 12 consecutive years has been named as one of the FORTUNE 100 Best Companies to Work For®. During the 12 months ending February 29, 2016, the company retailed 619,936 used cars and sold 394,437 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

Media Contacts:
Beth Singer
CarMax Public Relations
pr@carmax.com

Twitter: @CarMax
Facebook: facebook.com/CarMax

Source: CarMax

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